Rimini Street Stock Price on December 27, 2022

RMNI Stock  USD 2.04  0.06  2.86%   
Below is the normalized historical share price chart for Rimini Street extending back to August 28, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rimini Street stands at 2.04, as last reported on the 13th of December 2024, with the highest price reaching 2.13 and the lowest price hitting 2.04 during the day.
IPO Date
28th of August 2015
200 Day MA
2.4028
50 Day MA
1.9088
Beta
1.294
 
Yuan Drop
 
Covid
If you're considering investing in Rimini Stock, it is important to understand the factors that can impact its price. Rimini Street is risky at the moment. Rimini Street maintains Sharpe Ratio (i.e., Efficiency) of 0.0421, which implies the firm had a 0.0421% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rimini Street, which you can use to evaluate the volatility of the company. Please check Rimini Street's Risk Adjusted Performance of 0.0544, semi deviation of 2.69, and Coefficient Of Variation of 1561.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
The Rimini Street's current Stock Based Compensation is estimated to increase to about 13.1 M, while Common Stock Shares Outstanding is projected to decrease to under 62.7 M. . As of now, Rimini Street's Price Earnings Ratio is increasing as compared to previous years. The Rimini Street's current Price To Free Cash Flows Ratio is estimated to increase to 58.20, while Price To Sales Ratio is projected to decrease to 0.64. Rimini Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0421

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Estimated Market Risk

 3.48
  actual daily
30
70% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Rimini Street is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rimini Street by adding it to a well-diversified portfolio.
Enterprise Value Ebitda
3.0461
Price Sales
0.4347
Shares Float
40.6 M
Wall Street Target Price
2.8125
Earnings Share
(0.38)

Rimini Street Valuation on December 27, 2022

It is possible to determine the worth of Rimini Street on a given historical date. On December 27, 2022 Rimini was worth 3.89 at the beginning of the trading date compared to the closed value of 3.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rimini Street stock. Still, in general, we apply an absolute valuation method to find Rimini Street's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rimini Street where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rimini Street's related companies.
 Open High Low Close Volume
  3.97    4.01    3.86    3.88    247,900  
12/27/2022
  3.89    3.89    3.80    3.86    198,234  
  3.89    3.93    3.70    3.73    256,957  
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Open Value
3.89
3.86
Closing Value
14.32
Upside

Rimini Street Trading Date Momentum on December 27, 2022

On December 28 2022 Rimini Street was traded for  3.73  at the closing time. The top price for the day was 3.93  and the lowest listed price was  3.70 . The trading volume for the day was 257 K. The trading history from December 28, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.37% . The trading delta at closing time against the current closing price is 3.37% .

Rimini Street Fundamentals Correlations and Trends

By evaluating Rimini Street's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rimini Street's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rimini financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rimini Street Stock history

Rimini Street investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rimini is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rimini Street will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rimini Street stock prices may prove useful in developing a viable investing in Rimini Street
Last ReportedProjected for Next Year
Common Stock Shares Outstanding89.5 M62.7 M
Net Loss-2.9 M-3 M

Rimini Street Stock Technical Analysis

Rimini Street technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rimini Street technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rimini Street trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rimini Street Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Rimini Street cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Rimini Street December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Rimini Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rimini Street shares will generate the highest return on investment. By undertsting and applying Rimini Street stock market strength indicators, traders can identify Rimini Street entry and exit signals to maximize returns

Rimini Street Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rimini Street's price direction in advance. Along with the technical and fundamental analysis of Rimini Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rimini to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Rimini Stock analysis

When running Rimini Street's price analysis, check to measure Rimini Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
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